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IB Economics HL 4.3.1 Arguments for Trade Protection Questions

Practise IB Economics HL 4.3.1 by evaluating arguments for trade protection, including infant industries, employment, diversification and strategic trade using marked exam evidence.

Syllabus
First assessment 2022
Course
Economics HL
Level
HL

Exam points

  • Evaluate arguments for trade protection.

IB Economics HL 4.3.1 Arguments for Trade Protection Questions question 1

[Maximum number: 2]

Study the following extract and data and answer the questions that follow.

Figure 1: Mexico unemployment rate

Figure 1: Mexico unemployment rate

Figure 2: Mexico inflation rate

Figure 2: Mexico inflation rate

Figure 3: Mexico interest rate

Figure 3: Mexico interest rate

Define the term trade war indicated in bold in the text (paragraph (1)).

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